High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Orchid Island Capital’s most recent monthly dividend payment of $0.16 per share was made to shareholders on Wednesday, September 27, 2023. Orchid Island Capital’s next monthly dividend payment of $0.12 per share will be made to shareholders on Friday, October 27, 2023. Orchid Island Capital’s next monthly dividend payment of $0.12 per share will be made to shareholders on Tuesday, November 28, 2023.
Shareholders of record on Tuesday, October 31st will be paid a dividend of $0.12 per share on Tuesday, November 28th. This represents a $1.44 annualized dividend and a yield of 19.35%. Orchid Island Capital saw a increase in short interest in the month of September. Kraken Review As of September 30th, there was short interest totaling 3,140,000 shares, an increase of 61.0% from the September 15th total of 1,950,000 shares. Based on an average trading volume of 1,370,000 shares, the short-interest ratio is presently 2.3 days.
This puts Torben Munch in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Orchid Island Capital issued an update on its third quarter 2023 earnings guidance on Wednesday, October, 11th. The company provided EPS guidance of -$3.08—$3.08 for the period, compared to the consensus earnings per share estimate of -$0.22. The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. REITs are dividend-paying entities that own or finance real estate. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.
- That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
- Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States.
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Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Orchid Island Capital, Inc. operates as a specialty finance company, investing in residential mortgage-backed securities (RMBS). Its portfolio consists of traditional pass-through ayondo forex broker review Agency RMBS and structured Agency RMBS. The traditional pass-through Agency RMBS include mortgage pass through certificates and collateralized mortgage obligations. The structured Agency RMBS consist of interest only, inverse interest only, and principal only securities. The company was founded on August 17, 2010 and is headquartered in Vero Beach, FL.
Morningstar‘s Stock Analysis ORC
An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
- Torben Munch has an approval rating of 63% among the company’s employees.
- Click the link below and we’ll send you MarketBeat’s guide to pot stock investing and which pot companies show the most promise.
- Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
Orchid Island Capital shares reverse split on Wednesday, August 31st 2022. The 1-5 reverse split was announced on Wednesday, August 31st 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 31st 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
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MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. We’d like to share more about how we work and what drives our day-to-day business. Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of ORC’s
competitive advantage. Orchid Island Capital’s most recent ex-dividend date was Thursday, September 28, 2023. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
Orchid Island Capital Announces February 2023 Monthly Dividend and January 31, 2023 RMBS Portfolio Characteristics
The most recent change in the company’s dividend was a decrease of $0.04 on Wednesday, October 11, 2023. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
Orchid Island Capital Announces December 2022 Monthly Dividend and November 30, 2022 RMBS Portfolio Characteristics
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ORC’s historical performance
against its industry peers and the overall market. ORC’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
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Upgrade to MarketBeat All Access to add more stocks to your watchlist. Orchid Island Capital’s stock was trading at $10.50 at the beginning of the year. Since then, ORC stock has decreased by 29.1% and is now trading at $7.44. Click the link below and we’ll send you MarketBeat’s guide to pot stock investing and which pot companies show the most promise. Sign-up to receive the latest news and ratings for Orchid Island Capital and its competitors with MarketBeat’s FREE daily newsletter.
Orchid Island Capital Announces June 2023 Monthly Dividend and May 31, 2023 RMBS Portfolio Characteristics
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company’s RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through September 4, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.
Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum.